Fixed Charge Component definition

Fixed Charge Component has the meaning assigned to that term in subsection 7.6E(i).
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Fixed Charge Component means, with respect to any period of time, the following for the Borrower as determined in accordance with GAAP, each calculated for such period of time: the sum of (i) cash interest expense, net of cash interest income, (ii) cash income tax expense, (iii) the aggregate amount of Capital Expenditures made by the Borrower during such period (other than Capital Expenditures financed by the Borrower), (iv) the aggregate amount of all cash payments of principal on Debt made by the Borrower during such period (other than (x) under any of the Loan Documents, the Original Credit Agreement and other Credit Documents (as defined in the Original Credit Agreement), (y) with respect to any of the Senior Secured Notes, the Senior Subordinated Notes or the ▇▇▇▇▇ Senior Subordinated Notes or (z) under the Existing ▇▇▇▇▇ Credit Facility), (v) the aggregate amount of all cash payments of principal on the Term Loans made by the Borrower during such period (other than (x) the payment of $5,809,091.09 made on the Term Loans (as defined in the Existing Loan and Security Agreement) in July 2001 concurrently with the increase by such amount of the term loan under the Lily Credit Facility, (y) any payment made with proceeds of the Senior Replacement Notes contemplated to be issued by the Borrower as provided in clause (iii) of the first sentence of Section 9.14 and (z) any principal payment made pursuant to Section 9.13(k)) and (vi) the aggregate amount of payments made by the Borrower during such period pursuant to Section 9.10(L).
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Fixed Charge Component in Section 1.1 of the Loan and Security Agreement is amended by adding the words ", the Senior Exchange Notes" immediately before the words "or the Fonda Senior Subordinated Notes" ▇▇ ▇lause (y) of the parenthetical contained in clause (iv) of such definition.
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Examples of Fixed Charge Component in a sentence

  • Fixed Charge Component" in Section 1.1 of the Loan and Security Agreement is amended by adding the words ", the Senior Exchange Notes" immediately before the words "or the Fonda Senior Subordinated Notes" ▇▇ ▇lause (y) of the parenthetical contained in clause (iv) of such definition.


More Definitions of Fixed Charge Component

Fixed Charge Component in Section 1.1 of the Loan and Security Agreement is amended by adding the words "any payment made with proceeds of Junior Subordinated Debt or" to the beginning of clause (y) of the parenthetical contained in clause (v) of such definition immediately before the words "any payment made with proceeds".
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Fixed Charge Component means, with respect to any period of time, the following for the Borrower as determined in accordance with GAAP, each calculated for such period of time: the sum of (i) cash interest expense, net of cash interest income, (ii) cash income tax expense, (iii) the aggregate amount of Capital Expenditures made by the Borrower during such period (other than Capital Expenditures financed by the Borrower), (iv) the aggregate amount of all cash payments of principal on Debt made by the Borrower during such period (other than (x) under any of the Loan Documents, the Original Credit Agreement and other Credit Documents (as defined in the Original Credit Agreement) or (y) with respect to the Senior Secured Notes), (v) the aggregate amount of all cash payments of principal on the Term Loans made by the Borrower during such period and (vi) operating lease expense in excess of $20,000,000 (for any period of time which is less than a four consecutive fiscal quarter period, such amount shall be prorated for such shorter period).
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Fixed Charge Component in Section 1.1 of the Loan and Security Agreement is amended by adding the clause ", for the calculation of the Fixed Charge Coverage Ratio for Test Periods ending on or before March 31, 1998," immediately before the phrase "Capital Expenditures paid for by the Borrower with cash proceeds from the sale of assets" in clause (iii) thereof.
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Fixed Charge Component means, with respect to any period of time, the following for the Borrower as determined in accordance with GAAP, each calculated for such period of time: the sum of (i) cash interest expense, net of cash interest income, (ii) cash income tax expense, (iii) the aggregate amount of Capital Expenditures made by the Borrower during such period (other than Capital Expenditures financed by the Borrower and Capital Expenditures paid for by the Borrower with cash proceeds from the sale of assets (other than Credit Agreement Collateral) of the Borrower) and (iv) the aggregate amount of all cash payments of principal on Debt made by the Borrower during such period (other than under any of the Loan Documents, the Existing Credit Agreement and other Credit Documents (as defined in the Existing Credit Agreement)).
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Related to Fixed Charge Component

  • Fixed Charge Coverage means, for any period, Operating Cash Flow divided by Fixed Charges.

  • Fixed Charge Ratio means, as of any date of determination, the quotient (expressed as a percentage) of (a) Consolidated EBITDA, divided by (b) Consolidated Fixed Charges.

  • FIXED CHARGE PER MONTH means the fixed charge per month payable by company which is inclusive of depreciation, parking fee if applicable, all applicable taxes & duties including VAT, insurances, wages and other emoluments of Operator/Driver(s) / Helper(s) /Jugalees and other operation staff/crew excluding GST.

  • Fixed Charge Coverage Ratio means with respect to any specified Person for any period, the ratio of the Consolidated Cash Flow of such Person for such period to the Fixed Charges of such Person for such period. In the event that the specified Person or any of its Restricted Subsidiaries incurs, assumes, guarantees, repays, repurchases, redeems, defeases or otherwise discharges any Indebtedness (other than ordinary working capital borrowings) or issues, repurchases or redeems preferred stock subsequent to the commencement of the period for which the Fixed Charge Coverage Ratio is being calculated and on or prior to the date on which the event for which the calculation of the Fixed Charge Coverage Ratio is made (the “Calculation Date”), then the Fixed Charge Coverage Ratio will be calculated giving pro forma effect to such incurrence, assumption, Guarantee, repayment, repurchase, redemption, defeasance or other discharge of Indebtedness, or such issuance, repurchase or redemption of preferred stock, and the use of the proceeds therefrom, as if the same had occurred at the beginning of the applicable four-quarter reference period.

  • Consolidated Fixed Charge Ratio means, with respect to the Borrower and its Subsidiaries for the Four-Quarter Period ending on the date of computation thereof, the ratio of (a) Consolidated EBITDAR to (b) Consolidated Fixed Charges;